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MO HB1002
Bill
Status
3/31/2011
Primary Sponsor
Mike Talboy
Click for details
AI Summary
HB 1002 Summary
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Amends Chapter 313 of Missouri Revised Statutes to establish a statewide video lottery terminal network operated by the Missouri Lottery Commission
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Authorizes video lottery terminals in licensed lottery establishments and alcoholic beverage retailers, with a maximum of 3 terminals per location (up to 5 with commission approval)
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Requires all terminals to connect to a state central computer communications system; mandates 80-93% payback rates and prohibits terminals that directly dispense coins or currency
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Establishes licensing requirements and fees for manufacturers ($100,000 first year), distributors ($15,000 first year), operators ($15,000 first year), and premises ($1,000 first year); operators must pay 20% of net terminal income to the state for first three years, then 30% thereafter
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Prohibits tampering with licensed terminals and operating unauthorized "gray area devices"; both violations are Class D felonies
Legislative Description
Requires the Missouri Lottery Commission to establish a statewide video lottery terminal network
Last Action
Referred: General Laws (H)
4/7/2011